Madagascar vs New Caledonia: Insurance and financial services (% of commercial service exports)
Insurance and financial services (% of commercial service exports) over time
- Madagascar
- New Caledonia
How they compare
New Caledonia currently reports 0.7% against 0.6% in Madagascar, a difference of 0.1%.
That makes New Caledonia's figure about 1.2 times Madagascar's.
The two have swapped places 3 times across 15 shared years of data; in 2002 it was Madagascar ahead.
Madagascar ranks 156th and New Caledonia ranks 154th of 190 countries.
New Caledonia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Madagascar | New Caledonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.4% | 1.0% | 0.6% | New Caledonia |
| 2010s | 0.2% | 1.6% | 1.4% | New Caledonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Madagascar or New Caledonia?
- New Caledonia, at 0.7% against 0.6% in Madagascar as of 2016.
- What is the difference in insurance and financial services between Madagascar and New Caledonia?
- 0.1%, with New Caledonia ahead.
- How many years of comparable data are there for Madagascar and New Caledonia?
- 15 years are reported by both, from 2002 to 2016.
- How do Madagascar and New Caledonia rank globally for insurance and financial services?
- Madagascar ranks 156th and New Caledonia ranks 154th of 190 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Insurance and financial services (% of commercial service exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.